- Operating income before depreciation and amortization, or Oibda totalled RUB28.8 billion.

- The Oibda margin increased to 37.4%.

- The company's total broadband subscriber base was up 12% year on year to 9.5 million.

-- Total Pay TV subscriber base increased by 13% year on year.

-- "We have the largest communications network in Russia, but it is in need of modernisation. We also need to introduce new products and services, and we plan to make significant improvements to our customer service practices," said Sergei Kalugin, Rostelecom's president and chief executive. "Much also needs to be done to improve operational efficiency, and we are assessing our corporate governance procedures. We also plan to change our corporate culture, and increase our employees' engagement in Rostelecom's common goal, which is to combine the most attractive packages possible, with high levels of customer service."

Company

Dow Jones Network

Intraday Data provided by FACTSET and subject to terms of use.
Historical and current end-of-day data provided by FACTSET.
All quotes are in local exchange time.
Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
Intraday data delayed at least 15 minutes or per exchange requirements.